Great Depression (1 agos 1929 año – 4 abr 1933 año)
Descripción:
- Causes of Great Depression:
- Wages risen little comparing to the increase in corporate profit
- Speculating on stock market, buying on margin
- Over-production by business, workers with low wages cannot afford goods
- Farmer suffered overproduction, high debt, and low prices
- Government did not regulate business
- Weak European economy
Añadido al timeline:
fecha:
1 agos 1929 año
4 abr 1933 año
~ 3 years and 8 months